Why First Republic Bank Stock Fell 15.9% in January

First Republic Bank (NYSE: FRC) saw its share price decline 15.9% in January, according to S&P Global Market Intelligence. 

The San Francisco-based bank fell short of the S&P 500, which was down 5.9% in January, and the Russell 2000, which dropped 9.7% in the month. More specifically, First Republic trailed the average return in the banking sector, which was up about 3.6% in January.

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Source Fool.com